During January 2022, Its First Month of Operation, Osborn Enterprises

question 202

Multiple Choice

During January 2022, its first month of operation, Osborn Enterprises earned net income of $6,800 and paid dividends to the owners of $2,000.At January 31, the balance in Retained Earnings will be

• A)$0.
• B)$6,800 credit.
• C)$4,800 credit.
• D)$2,000 debit.

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Definitions:

Empowerment

An assertion of personal power to mastery over something.

Policy Development

The process of creating, implementing, and evaluating guidelines and procedures aimed at influencing and determining decisions, actions, and other matters within organizations or systems.

Autonomy

The right or condition of self-governance, or the capability of an individual to make informed, uncoerced decisions.

Acute Care Settings

Healthcare environments designed for the short-term treatment of severe injuries or illnesses, surgical procedures, and recovery from surgery.